HP SC/ST Development Corporation

The Govt. of Himachal Pradesh has open Himachal Pradesh Scheduled Castes and Scheduled Tribes Development corporation in every District Headquarter of Himachal Pradesh. In Distt. Kinnaur has also the Office of the Distt. Manager of Scheduled Castes and Scheduled Tribes Development Corporation Kinnaur at Reckong Peo. The Location of this office is Near I.T.I. ( Industrial Training Institute) and back side of HP Electricity Board Sub Division Reckong Peo.

Himachal Pradesh Scheduled Castes and Scheduled Tribes Development Corporation was established on 14th November, 1979 under the enactment of Himachal Pradesh Government. Initially this corporation was established solely to uplift economic status of the Scheduled Caste families and the initial name of this corporation was “HIMACHAL PRADESH SCHEDULED CASTES DEVELOPMENT CORPORATION”. In the year 1984 the Government of Himachal Pradesh and Government of India decided to entrust the work of providing financial assistance to Scheduled Tribe families of Himachal Pradesh to this corporation, as such the nomenclature of corporation was changed to “HIMACHAL PRADESH SCHEDULED CASTES AND SCHUDULED TRIBES DEVELOPMENT CORPORATION”.The Schemes of Scheduled Castes and Scheduled Tribes Development Corporation is given below:-

1 Swarojgar Yojna (Self Employment Scheme)

Financing through Banks for setting up and expansion of Income generating avocations.

(1) Member of Scheduled Caste or Scheduled Tribe Family who is bonafide Resident of Himachal Pradesh.
(2) Annual Income Limit:- Rural Areas : Rs.30,000/- Urban Areas : Rs.30,000/-
(3)Age : 18 to 55 years.
(4) Applicant should not be defaulter of any financial institution/bank.

(1) Members of Scheduled Caste or Scheduled Tribe Family who is bonafide Resident of Himachal Pradesh.
(2) Annual Income Limit : Rs.98,000/-
(3) Age Limit : 18 to 55 years (In case of Transport loan 20 to 53 years having valid license for the vehicle concerned).
(4)Who is not defaulter of any financial institution/bank.

3. Study Loan

Under this scheme, the corporation provides education loan to SC/ST students who are studying in professional/technical courses in recognised institutions.

Maximum Loan Limit (Indicative)

Rs.1,50,000/- for a full course of five years. ( Rs. 30,000/- per year )etc.

Rate of Interest

Interest Free upto Rs 75,000/-(Maximum Rs. 15.000/- per year)

Repayment Period

5 years. Repayments Starts after starting job/business two years or after completion of course which ever is earlier.

1. Members of Scheduled Caste or Scheduled Tribe family who is bonafide Resident of Himachal Pradesh.
2. Annual Family Income Maximum Rs. 98,000/-p.a.
3. Applicant should be a regular student of recognized Institution/University.
4. Applicant should not be a defaulter of any Financial Institution/Bank.

Education Loan Scheme In Collaboration With NSFDC

Maximum Loan Limit (Indicative)

Rs. 7.50 Lac for a full course of 5 Years

Rate of Interest

8 % P.A.

Repayment Period

5 years Repayment starts after 6 months of completion of course or getting job/employment, whichever is earlier.

1. Members of Scheduled Castes family who is bonafide resident of Himachal Pradesh.
2. Annual family income limit : Rs. 98,000/-p.a.
3. Applicant should be a regular student of Govern ment recognized Institution/ University.
4. Who is not defaulter of any financial institution/Bank.

4. Vocational Training (Dalit Varg Vayevsaik Prashikshan Yojna)

Under this scheme, the corporation endeavors to provide vocational training to the SC/ST youth in traditional and non-traditional trades through I.T.I./Private Institution/Master Craftsman.

Duration of Training

Maximum Up To 12 Months.

Stipend to Trainees

1.Rs.500/- per month per trainee if the training is imparted in the home district./td>

Approved List Of Trades

Handloom Khadi, Motor Driving, Cutting and Tailoring etc

Eligibility Criteria

1. Members of Scheduled Caste Family who is bonafide Resident of Himachal Pradesh.
2. Annual family income limit Rs .30,000/- p.a .
3. Age Limit : 18 to 35 years.

5. Shop/Shed Scheme (Laghu Vikray Kendra Yojna)

Under this Scheme, the Corporation provides loans to the Municipal corporations, Municipal Committees/ Nagar Panchayats/Block Samitis and Gram Panchayats for Construction of shops/sheds. Rate Of Interest is [at]4%. Such shops/sheds constructed with the help of financial Assistance of the Corporation are rented out only to Scheduled Castes & Scheduled Tribes families at concessional rate of rent.

Under this scheme, the corporation provides working capital assistance to artisans. The artisans can form a Group/Society/Association for availing working capital from the corporation. An individual artisan is also eligible for this scheme.
Quantum of loan Rs.5,000/- per artisan.

Rate of Interest

Free of interest for 2 years. However, the society/ Association/ Group may charge interest [at]2% from an artisan to meet out their administrative expenditure.

Repayment Period

2 Years.

Means of Finance

Directly by HPSCST Development Corporation.

Eligibility Criteria

1. Member of Scheduled Caste or Scheduled Tribe Family who is bonafide Resident of Himachal Pradesh.
2. All the applicants/artisans should be below poverty line.
3. Applicant should not be defaulter of any financial institution/Bank.